Good News, Bulls: Middle Class Still Hates Stocks

Posted by

That was such a Clusterstocky headline, I know…anyway.

Ever hear of the Mass Affluent Investor Report?  Me neither.  Supposedly, this is a look at “folks with a net worth between $100,000 to $1 million––excluding primary residence”.

OK.  The results of this study’s 2010 iteration will be music to the ears of the bulls…

The “Mass Affluent Investor 2010” report, based on a survey of the financial decision-makers in 1,511 households, found 40% of mass affluent investors are likely to invest in cash in the upcoming year versus 23% likely to buy stocks or 17% to buy fixed-income vehicles. Twelve percent said they’re likely to make international investments and 6% are likely to invest in real estate.

Barring any unseen cataclysmic events, these so-called mass affluent investors are the people who could be taking you out of your stocks at higher prices.

Personally, I pay close attention to what people do, not what they say, and I don’t believe for a minute that 77% of the middle class is unlikely to buy stock in the next year.  But hey, survey says.

Source:

Mass Affluent Eyes Mattress as Best Investment Choice (FA)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. Fendi commented on Aug 28

    Fendi

    […]just beneath, are numerous absolutely not associated sites to ours, nevertheless, they are certainly really worth going over[…]

  2. Bvlgari commented on Aug 28

    Bvlgari

    […]Every when inside a when we opt for blogs that we study. Listed below are the newest web pages that we opt for […]

  3. more website clicks commented on Aug 29

    more website clicks

    […]we came across a cool internet site which you could possibly get pleasure from. Take a search in case you want[…]

  4. mcat cars practice free commented on Aug 30

    mcat cars practice free

    […]check beneath, are some completely unrelated web-sites to ours, on the other hand, they may be most trustworthy sources that we use[…]

  5. خرید vpn commented on Aug 31

    vpn ایفون

    Greetings from Florida! I’m bored to dying at operate so I made a decision to examine out your site on my iphone throughout lunch split. I take pleasure in the info you provide right here and can’t wait to consider a look when I get property. I’m amaze…

  6. 123klussers.nl/stappenplannen commented on Aug 31

    123klussers.nl/stappenplannen

    […]please check out the sites we comply with, which includes this a single, as it represents our picks through the web[…]

  7. homemade penis commented on Sep 02

    homemade penis

    […]Wonderful story, reckoned we could combine a few unrelated information, nevertheless genuinely really worth taking a appear, whoa did one particular master about Mid East has got more problerms also […]

  8. travellergram commented on Sep 04

    travellergram

    […]here are some links to websites that we link to because we believe they’re worth visiting[…]

  9. beginner sex toys commented on Sep 05

    beginner sex toys

    […]Here is an excellent Blog You might Find Exciting that we Encourage You[…]

  10. sex balls commented on Sep 05

    sex balls

    […]one of our visitors a short while ago suggested the following website[…]

  11. ricerca sulla germania commented on Sep 06

    ricerca sulla germania

    […]here are some links to web pages that we link to due to the fact we feel they may be worth visiting[…]

  12. خرید وی پی ان commented on Sep 07

    vpn ایفون

    1 was created only for displaying seconds and small whilst a diverse 1 using minute graduations is made for implying several hours.

  13. خرید فیلترشکن commented on Sep 10

    vpn ایفون

    When I to begin with commented I clicked the “Notify me when new feedback are added” checkbox and now each and every time a comment is additional I get 3 e-mails with the very same remark. Is there any way you can get rid of me from that services? Than…

  15. sexawy commented on Sep 11

    sexawy

    […]Here is an excellent Blog You might Locate Exciting that we Encourage You[…]

HowIInvestMyMoney